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Search Results 0 to 31 of about 32 (some duplicates have been removed)
with us. steve has the friday and weekend forecast. how does it look? >> looking good. we do have another morning 30s and 40s. probably a little bit more fog this morning than we had north bay and east bay. overall hazy sunshine. maybe a few subtle changes on the weekend. i'll get to that in ten minutes. highs today right where they were yesterday. mid to upper 60s. >>> steve, good morning. northbound 280 traffic looks good. it's a nice looking drive. also if you are driving on the traffic here on highway 4 it's moving well. you are about to see some information pop up on the changeable message signs that you see on the roads. new amber alert is about to be issued. just got off the phone with chp they told me all the information. we'll have all the information as soon as oakland police does give us more. you will see it and we'll have it for you. let's go back to the desk. >>> we have breaking news coming out of turkey this morning. a suicide bomber set off explosives right outside the american embassy. at least two people were killed, several others have been hurt. coming up at 5:15, our
so we're joined by steve liesman. we're happy to have him here. our top story this morning, the market. we have assembled a trio of wall street's most respected voices to join us for the next hour. we have a lot to talk about this morning. plus, there is that issue of the lights going out at the super dole last night. officials say an abnormality in the power system triggered an automatic shutdown forcing backup systems to kick in. but they weren't sure what caused that initial problem. 34 minutes that the lights were out. brian shactman will join us in just a minute for the full story. this was a super bowl to remember for a lot of reasons, not the least of which the lights going out like that. let's get out to the headlines. the dow and the s&p 500 closing friday at their highest level since 2007. the major averages posting a fifth straight week of gains. u.s. equity futures this morning, you can see, are lighter, down by about 33 points for those dow futures. s&p futures are off by about 4 1/2. but, again, the dow above 14,000 for the first time since october 2007 on fri
jose. let's go to steve. >>> mostly cloudy out there. local clouds. kind of lift a little bit over 900, 1,000 feet. probably no drizzle. and then some higher clouds coming in from a weak system. the combination of the two, gonna give us the mostly cloudy day. 50s on the highs. i think we'll get a break tomorrow in advance of the system that will be here thursday. but turning colder, colder on friday. just so you know, it will be a shock to the system here. it will go from a foggy summertime pattern, a lot of low clouds and fog. that may give us sprinkles and very light showers. i doubt much will happen. mainly a lot of cloud cover. it's really ramped up the fog bank. that means temperatures are gonna stay on the cool side. low clouds, local drizzle. and then this afternoon, the combination of low a and -- low and high clouds. 40s on the temperatures. a couple of 30s to the north. 40s to 50. 49 half moon bay. but with the toking in place, it might even -- with the fog in place, it might feel colder. one system doesn't make it. but this next one that's the one coming out of gulf of alask
. ike becky quick along with andrew ross sorkin. joe kernen is off today so we are again joined by steve liesman. also at the table with us this morning, our guest host is andy surel. andrew just talked about the markets. stocks ending at session lows yesterday. in fact, all ten s&p sectors closed lower. yet the bulls betting this is nothing more than a bull pac. but we will have a number of powerful investors for their thoughts throughout yao the morning. jim o'neill will join us in just a few minutes. then in the next half hour, the man charged with making sdigs for how blackrock invests more than $1 trillion, the firm's chief investment strategist, russ koesterich. nouriel roubini will be joining us and we're going to ask him for his current view of the world. in the following hour, buy and hold is the name of his game, barons capital ceo ron baron will be our special guess. he's been talking to us about how great of an opportunity stocks have been. we'll see if he's still feeling that optimistic now that stocks have reached 14,000 or close to it. >>> how majority leader eric cantor i
endorsements, and shareholder value. we spoke with steve posavac, marketing professor at vanderbilt university. i began by asking, what kind of celebrity endorsement makes a good investment for a company and its shareholders. >> well, tom, celebrity endorsements can do a lot for brands. one of the most important things they can do is lead to just a lot of awareness of the branda l of excitement, consumers pay attention to the marketing of a brand to the extent that a celebrity is associated with it. but the other thing celebrities do very well is position products. products in some categories, think soft drinks, for example, that aren't very differentiated based on the product self but if you have a celebrity endorsement speak up on behalf of the product wa, people think about that celebrity than bleeds on to the brand, helps to seerbt the brand in the same way we-- associate the same way we think of that celebrity. >> tom: the ski that the attention is paid ultimately to the product, not to the celebrity making the pitch though, right? >> well, absolutely that's the case. the celebrity in som
in pseudo, our own steve liesman and book brusca. then in the next hour, jeremy siegel is going to join us on set to make his bullish case for the numbers and then, nemo, the powerful storm taking aim at the east coast. forecaster res warning it could be among the worst ever, more than two feet of snow possible in boston. many cities are telling residents, don't travel if you don't have to. airlines are now warning the blizzard could cripple travel and hundreds of flights have already been canceled. we're going to check in one on friends at the weather channel. just a couple of minutes for their latest forecast. also in the news, the justice department in multiple states reportedly discussing suing moody's for defrauding investors. any move likely to make a similar rival against standard & poors is testing likely so this likely to be more than two years out. the goal is to get more battle on potentially hazard just flights, so these flights will only happens. now let's head across the country to joe and becky and see what they have coming up this morning. joe, how was your week on the cour
. becky quick is under the weather. hope you feel better. joe is off, steve leaseman here, as well. our guest this hour, yahoo! finance senior columnist steven kohey. a lot to discuss about the markets. stocks rallying to wipe out most of the previous session losses. check out the so-called ear gauge. the vix as we call it, tumbling below 14. then in the next hour, something a little different on "squawk box" this morning. we're going to be joined on set by three well-known names on wall street. blair ephron, roger altman. and honeywell chief david cody y. these guys? all three have been sitting in on regular conference calls with the white house. they're among the leaders the obama administration is turning to for advice on everything from the deficit to taxes to the broader economy. >>> then, after we talk to them, they're going to paint a picture for us, we're going to turn to two powerful investors for insight into what the conversation in washington means for the broader markets. cowen and company ceo jeff solomon will join us, and the bond king, bill gross. first, steve will bring
twice. listen, the pair got lucky with scratchoff tickets. the winning for steve and terry weaver started saturday when steve bought a $1 million scratchoff and won. but the weavers were right on target, feeling so lucky the next day that terry bought a scratchoff. she won $50,000 off of that one. they say they were afraid to chaim their winnings, actually saying they thought it could rise some eyebrows because someone would say, you both won during the same weekend. dism i thought we'd have to take a lie detector test and put our hand on a bible. >> the weavers say they plan to investment the money, so they're going to be smart with their finances. >> i want to travel down to arkansas and buy my tickets where they buy them. >> absolutely. >>reporter: it is now time for "caption this." we post these to the abc 2 facebook page and allow you to caption them. this is the ohara family, i actually got to meet them at the raven's parade yesterday. this is natalie and hailey. frank wrote world champs, katie, her caption was oh, oh, oh, oh, and we heard that downtown a lot yesterday cove
numbers. on the technical side is the managing partner at bell point. on the fundamental point it's steve cortes founder of veracruz and cnbc contributor. did i read this correctly, you shorted disney? >> listen, it's not easy to fight a stock that has it at an all-time high but this has gotten very frothy. as a disclaimer i have to admit that i took the disney cruise with my kids a few years ago. let me tell you something it was hell on the water. got the norovirus. i would rather have been on the endurance stuck in the ice than on that boat, but aside from that, i do have real world reasons outside of my own experience to fight disney one, a fundamental one and technical one even though i'm supposed to be the fundamental guy. the fundamental reason is falling wages. wage growth is tepid at best in this economy. b of a put a report out that this week with high gasoline prices and falling wages that's a toxic recipe going forward and the second reason, and when i look at apple versus disney, these two stocks until roughly thanksgiving traded very much in unison and we've seen a very we we
each individual troop to adopt its own policy on the issue. >> reporter: boy scout steve tenet and his 16-year-old son christopher have been involved in the last five years. they're straight but don't like the policy excluding gays. >> i have a huge problem with that. >> what did you learn when you found that a local troop threw out a kid because he was gay? >> i was shocked. shocked and amazed. appalled. i couldn't believe it. >> the teen thrown out last october was 18-year-old ryan andresne who was about to become an eagle scout. >> it's totally devastating. >> i can't imagine ever doing that to a boy, but that's what this policy would have me do. >> but others in scouting about washing about the quick change. >> we were caught completely off guard with it. we've had a policy that's been in place for over a hundred years that seems to have functioned for the most part soundly. >> reporter: in a letter to the boy scout board of directors, godfrey's council urged that voting on the change be delayed. the tenents hour say they're ready to accept gays. >> there's a 16-year-old going on a
of this private company but i do think this is his second act, right? ashley: yeah. >> steve jobs had a second act. i think this is dell's second act. first was pcs. and he wants to make it work in enterprise and the cloud and i think this is his opportunity. ashley: if he could do what steve jobs did he would be very popular up deed. brian white, thanks so much for joining us. we appreciate it. >> thanks a lot, bye. tracy: all right. we have a news alert for you. moments ago president obama pressing congress to avoid a way avoid automatic spending cuts that go into effect but he admitted he may not be able to uphold his end of the bargain. >> i know that a full budget may not be finished before march 1st. and unfortunately that is the date when a series of harmful automatic cuts to job creating invests and defense spending also known as the sequester, are scheduled to take effect. tracy: that budget was originally due on february 4th. we're a little late as it is. ashley: yesterday. tracy: and the congressional budget office says the federal deficit will fall to $845 billion this fiscal year. tha
other things that interceded. then chicago fed president charlie evans is going to sit down with steve liesman at around 8:30 eastern. but don't worry, you don't have to wait until then to hear some interesting voices on the central bank, because on set we're happy to say, stanford professor and former treasury official himself john taylor is here here discuss. let's go to scott. he's got the morning headlines. >> thank you. what might be considered a surprising partnership, yahoo! and google have signed a nonexclusive marketing agreement. retailers in the northeast stocking up on storm goods ahead of an anticipated weekend storm. home depot, target, lowe's among the companies telling cnbc they're taking steps to deal with anticipated increased demand for certain goods that people anticipate they'll be stranded at home because of weather, and it's supposed to be bad in the northeast. >>> standard & poor's has hired a top white collar defense attorney to help fit a $5 billion government lawsuit over ratings. san francisco based john keeker has represented lance armstrong to enron's andr
lowest price car they have ever offered. with us now, president and ceo of mercedes-benz u.s.a. steve, i should mention, of course, this super bowl is going to be in mercedes-benz superdome , so congratulations on that. let's talk about this new car, that is all about the new car. the price of the car is under $30,000. this is a first for mercedes-benz. are you at all worried about diluting the brand? >> we are not worried at all. in fact, this the l.a. that we are launching at the super bowl absolutely delivers on the mercedes-benz brand promise. so it really is about delivering the right car at the right price. we use the super bowl because we're opening the brand. that is pretty much allow price, so we look at it not as diluting the brand, but opening up the brand and making it accessible to a larger audience. liz: here it is. the devil is offering him the car, and all of it would come with it. the red carpet, the hot babe, the experience, the stardom, the celebrity, and he can send the pen with his long fingernails. of course playing the devil, and then truly that moment where the bi
post steve jobs is one thing. but i think that they are doing fine. they did miss a bunch of quarters. where einhorn's really right is they are anti-shareholder friendly. i mean, if the ultimate thing that comes out on the proxy is we are against something that was proposed that is reasonable, shareholder friendly, that what does that say? what does the statement say? why isn't the dividend bigger? why isn't the buy back bigger? most companies would not tolerate the treasury stance of apple. they would just say it's not good enough. and i think einhorn's right on that. solution, all i can tell you is when you discuss with a company an idea and then you see a proxy, the proxy that your idea is wrong, given the fact that they have used cash, i don't know, intellectually, apple's position can't be defended. >> trying to head him off at the pass. >> right. right. >> doesn't it say that whatever their reason is for saving this money, they haven't communicated it effectively? >> thank you. >> right? >> yes. there must be a reason. >> but say it. say, okay, look, we are looking at developing
host who has been back with us, jeremy siegel, the bull. steve liesman, also thank you for sitting in all week. that's been terrific. becky and joe, it's been great. good luck over the weekend. we hope you get back here and it all works out. say hello to nemo and the weather. we're going to see you -- >> be careful with all that snow. >> absolutely. anyway, make sure you join us monday. "squawk on the street" begins right now. >>> good friday morning. welcome to "squawk on the street." i'm melissa lee. we're live from the new york stock exchange. let's see how your friday session is setting up on the u.s. futures. it looks like we'll have a positive session with the s&p looking at 2 at the open, dow looking at 13. in europe, the eu summit continues. but the action really taking its cues from china this morning. we have green arrows across the board in europe. take a look at asia. strong eco data out of china in focus. much more on that in just a moment. the road map begins at the golden arches. not even the cheddar onion burgers could help mcdonald's. they missed estimates in every
. the unemployment rate climbing to 7.9%. steve liesman joins us with his take. he wasn't kidding. a busy morning. >> yeah, really. hopefully i'll earn my paycheck on a day like today, carl. as rick said, i think the important part was, most of it better than expectations. the construction number, that could help that negative one on gdp. we'll get to jobs in just a second. but also the ism pgoing well. total 157. private sector 166. unemployment ticking up. hours unchanged at 34.4. earnings up .2. the revisions, 127. i want to talk about that. i want to show you a chart here that takes a look at -- there's the bar chart. there's the old private sector fourth quarter average of 185. and now it's 225,000. but what was the fourth quarter? the fourth quarter was full of fiscal cliff concerns. so doug duncan, an economist at fannie mae, writing this morning, the payrolls in the fourth quarter is consistent with robust growth in business investment in the gdp report. we already saw that. suggesting that uncertainty over fiscal policy did not hurt businesses hiring and investing as feared. if it did hu
. >> you're still bullish? >> bullish as anything. >> doug, richard, thank you. steve, michelle, thank you. >> thank you. >> chicago tomorrow. >> we also have bob ruben tomorrow. "squawk on the street" begins right now. >>> good wednesday morning. welcome to "squawk on the street." i'm melissa lee, with carl quintanilla with jim cramer and david faber at the new york stock exchange. the day after the s&p and nasdaq posted their second best days of the year. we looking at a higher open, pretty much across the board. actually, they just turned. we're looking down open here, 59 points on the dow. down 7 on the s&p 500. take a look at the picture over in europe. the big waiting game is on with the ecb starting tomorrow. we're seeing red arrows on the board. most notably the euro hitting a one-week low against the u.s. dollar. in asia, china up eighth straight session. nikkei highest level since september of 2008. disney set to open at record highs. strength in media networks. word that it's planning films based on "star wars" characters. >>> zynga, revenues continue to fall and the social gami
. and these debt deniers, i'm curious if you agree with mika and richard haass and steve rattner that these debt deniers have their head in the sand as much as climate change deniers do. >> i think the whole political class refuse to look forward. and the cbo takes a ten-year view, and that ten-year view is pretty ugly. that's the problem. and yet the politics and this kind of short-term stimulus and let's look one year, let's look two years, let's not worry about the buildup of these problems, finally shows up when you see a report like yesterday which shows what does it mean over a ten-year period of time? debt doesn't kill you the first day. it's how it builds up. but you have to look at how it builds up. and now it's really building up. >> and deficits don't kill you, mika, the first day, the first year, the second year. as jeffrey and i were saying, back in january of 2009, it's not the deficits that kill you. it's wasting the money which they wasted during the stimulus, as jeffrey and i said, that kills you. we can afford short-term deficits if we get something in return over the long run.
to the consumer is like razor. >> razor focus. charlie: steve jobs. obviously he was the once in a generation visionary in terms of repeatedly producing products that were beautiful intuitive and loved. >> charlie: what do you make of the fall in their stock price? >> i think my guess is tim cook and that team are not worrying about the short term stock price. they're building for the longer term and stocks go up and down. if you get too focused on that you get distracted. >> charlie: larry page. reated a great company called google who is going through their first real challenges in terms of small disruption around the edges. >> charlie: what is that disruption? >> well, the disvupg is how search is being used. it's a different metaphor. facebook could potentially start searching. disruption is never head on. it's always around the edges. what that forces us to do is a large technology company is to reimagine, reinvent how we operate. >> charlie: mark zucker burg. a brilliant visionary who has done a phenomenal job with facebook. >> charlie: did you see social media coming? >> i saw it in my
of a mid-range iphone. david: but in pursuit of that mid-range, which of course steve jobs didn't really deal much with, because he said, look, should pay a premium for our product because it is so unique, it is so inventive and so break through and people were willing to do it. doesn't that bring down the brand for a bit, if you go from the mid-range from the top range? doesn't it pull the brand down and you're competing with hundreds of other companies instead after couple? >> the key like any company they're at a point where i think they have to segment the market. tough do that very carefully when you start at the high end. if they go mid-range they will have to reduce some features and functionality of those phones but still continue to invery nate and bring innovations to the high end of the market and mid-range. liz: what about doing something exciting? you're already there. >> we're on board. liz: people are saying where is the dividend? where is the share buyback? where is the acquisition? where is the use of that cash? >> for instance, you're right there is latent value in capi
on this post-super bowl wrap-up day. steve liesman, we'll see you tomorrow. join us tomorrow. "squawk on the street" starts right now. >>> good morning. welcome to "squawk on the street." i'm carl quintanilla, with melissa lee, jim cramer. david faber is off. signs of reemerging political turmoil, both in spain, and in italy making investors a little bit reluctant to press the button for the upside. it comes after the dow did top 14,000 on friday for the first time in more than five years. look at europe, that's where the story's going to be for most of the morning before we close at 11:30 eastern time. germany taking it down 1,100 points as well. asia got action as well as china. nonmanufacturing came in better than expected. clearly the story is going to be in europe for most of the morning. >> we've certainly seen a flight to safety take place this morning, as we've seen the bond yields, particularly the spanish 10-year bond yields blowing out overnight. we're seeing bids higher today. german bonds also higher. the 10-year yield in the united states, back below 2% at this point. >>
. they have an 8% dividend hike. back to you. connell: we will be back at the top of the hour. thank you steve for the president loves drones. the judge andrew napolitano has questions on how he wants to use them. connell: if you want to make some money on the whole drone discussion, here is a look at the stop plate in and of that sector. we will bring the judge in here next. you do not want to miss that. ♪ dagen: a confidential justice department memo came by nbc and revealed that the u.s. government can order the killing of any american citizen believed to be associated with al qaeda. connell: judge andrew napolitano is here. your take on what we have been hearing about drones and the legality of them. >> federal judges and ordinary citizens have been seeking the legal research on which the government has relied that they can kill if they are in harm of national security. suddenly, it shows up in an nbc newsroom earlier this week. they really have made fools of the judges who spent hours and days and weeks struggling over the laws involved here. the document itself is breathtaking and chil
is steve from new jersey on our line for independents. he has a son who caller: is adopted -- he has a son who was adopted. caller: we adopted our son 17 years ago from canada. he is almost 18 years old, and i'm finding that the paperwork -- i'm finding the paperwork, and he is not considered -- he is illegal actually. the judge and everything died, and now we are trying to go through a lawyer to try to find something that we can do before he becomes 18 years old to make sure that everything is ok. do you have any answers for me? guest: i hope you will contact our organization after this call. up until the year 2000, our laws or not structured assets that make it that when a child was adopted by a u.s. citizen, there were confirmed as the citizenship of their parents. congress realize that in 2000 and passed the child citizenship act, but as you said, children who were not aware of that or did not benefit from it are still in this position of being here illegally. congress is aware of situations like your son's and helping to address it legislatively speaking next year, but there are thing
think that will occur. >> you know, todd, steve lewis at monument securities is basically asking today whether in europe, mario draghi is playing a confidence strike on everybody. and he can't actually come in to intervene in the markets in order to support the bond markets. do you bother watching european news anymore or is it dead to you? does it not matter to the european rally? >> yeah, you know, that's a great question, simon. and that's something i was -- we were thinking in the back of our minds, back late last year how europe is in a way disappeared from the headlines. it seems the past three, four years now, early in the first quarter, europe always comes back in the picture. it was something that was on our minds in terms of what -- >> so do you want -- >> the ball will drop. >> but do you watch -- >> if you think about it, i think there has been a disconnect between the u.s. equity markets and europe throughout the last 12 or 18 months. the u.s. market will respond to europe. do we watch it? yes, we do. i think there's some noise, if you will, from day to day. but overall, t
know, buying the company which maybe a couple of years ago steve ballmer might have thought about doing. i understand the strategy for microsoft. and i think they're doing it in a relatively low-risk way. >> is this just michael dell saving his reputation, last word? >> i think that's part of it. i think certainly, you know, there's been stories that he cares deeply about what happens in austin. dell's a big employer there. and certainly he wants to, you know, go back to the days where he was seen as one of the top thinkers and business leaders in the world. and as the company has fallen from those heights, so has his reputation. >> okay. editor-in-chief of yahoo! finance. great to have you again. we really appreciate your time. >> thank you. i vote for the iron. >> again -- austin, you know, can't understate the importance that he might see for his personal reputation. nevertheless, stick around. we'll have a break. >>> coming up, disney posts blockbuster earns. the company has big plans for "star wars." >>> welcome back to "worldwide exchange." i'm kelly evans. >> i'm ross westgate. >
Search Results 0 to 31 of about 32 (some duplicates have been removed)